Lamborghini Enters the World of Non-Fungible Tokens (NFTs)

After a string of social media posts suggesting it, Italian supercar maker Lamborghini finally revealed its NFT (non fungible token) Project. Dubbed Space Key and developed in collaboration with an unknown artist and inspired by a piece advanced carbon fiber composite material that was delivered to the International Space Station for research purposes.

In collaboration with NFT PRO(tm).

Italian supercar maker Lamborghini is looking to dip its toes into the world of non-fungible tokens (NFTs). The new project, which is dubbed the Space Key, is a piece created by a lone artist. The one-of-a-kind NFT is a physical item that connects to exclusive digital artwork that can be accessed via an QR code on the back. The project is limited and will be auctioned off within the next few weeks.

The Space Key is made of a carbon composite material that Lamborghini, in the course of a research project in the year 2019 and sent to the International Space Station. When it returned to earth, the carbon fiber was then sculpted into this unique artwork. The physical piece is imprinted with an NFT serial number that ties to the corresponding digital artwork with a QR code that is located on the back.

For those who do not know, NFTs are unique identification numbers that are stored on a distributed blockchain ledger that is linked to digital assets such as a photo, video, music or other record. This enables owners to guarantee the authenticity, scarcity, and tracking of their tokens across the internet.

Working with NFT PRO which is a white-label NFT solution for businesses, Lamborghini has taken this unique approach to art to the next level. In the coming weeks lamborghini keys (news) will release details about this exciting project, including the name of the unidentified artist and a timetable for the auction.

The physical element of Space Key

Following multiple social media posts that tease something related to space, Italian supercar maker Lamborghini has entered the world of tokens that are non-fungible (NFT) by launching an exclusive project called Space Key. Created in collaboration with an unidentified artist and artist, the NFT is a collector's piece that will be auctioned off in just a couple of weeks. Its underlying structure is comprised of an advanced carbon fibre composite material, which was shipped to the International Space Station in 2019 as part of a study. Carbon fiber was 3D printed for the base of every Space Key. Each Space Key is linked to an exclusive digital artwork using a QR code. Only five Space Keys have been produced.

NFTs are unique identifications that can be stored in distributed ledgers such as the Blockchain and connected to digital assets like images. They're popular among those with more money than sense So it was only a matter of time until an automaker decided to cash in on the trend.

Space Key consists of five units. It was constructed by using a piece of the carbon fiber composite that was shipped to the ISS in 2019. Each NFT will be connected to an exclusive digital artwork created by the same artist through a QR code on the backside of the carbon fiber component. In the coming weeks and days, more information will be revealed, including the name and digital artwork of the artist as well how to purchase one of the five Space Keys.

The digital artwork

After several weeks of social media posts that hinted at it, the luxury car manufacturer Lamborghini has finally revealed its first non-fungible token (NFT) project. The Space Key is a collection of five physical items which unlocks an exclusive digital artwork by the yet to be identified artist. The "collectors' piece" was created in collaboration with NFTPRO(tm) and is limited to just five units. It will be auctioned shortly.

At the center of each Space Key is a block made of the most advanced carbon fire composite material that was shipped to the International Space Station in 2019 as part of a research project. After returning to Earth, it was made into a QR code, which connects it to the digital component of the Space Key.

Each of the five Space Keys features a different moment that takes place at different times when the Lamborghini Ultimae takes off towards the stars. More than 600 million pixels each of the five images, that were taken by photographer Fabian Oefner.

Oefner used a balloon equipped with a camera to capture each of the individual shots, which were later merged into the final image. The result is a picture that is completely out of the world. It captures the beauty of Earth and the futuristic, hyperrealistic image of a car rising away from the Earth. The Space Keys are going to be auctioned off soon, but there isn't a specific date or time yet.

The auction

Lamborghini the automaker with the most luxurious design has entered the world of non-fungible tokens (NFTs) with the slogan "to the moon". The project was developed in collaboration with NFTPRO(tm). The Space Key is essentially an NFT that contains carbon fiber composite material, which was sent to the International Space Station in 2019 to conduct research. The physical sample has been shaped into five unique objects that connect to exclusive digital artworks created by an as-yet undisclosed artist via the QR code that is on their backs.

The auctions will run between February 1 and February 4. The auctions will last for 75 hours and 50 mins - the amount of time it took Apollo 11 for him to leave Earth and enter Lunar orbit. By making an online registration, you can bid on five NFTs. Each one will be auctioned individually and the winner will be awarded an original digital art work designed by renowned photographer Fabian Oefner, which captures the five different moments that the Space Key passed during its flight through space.

In the next few weeks, we'll reveal all the details of the Space Key as well as the digital artworks that come with it. This includes the identity of the unidentified creator and how to purchase these amazing artworks. Follow lamborghini aventador svj key on Instagram for all the details you need!